Bitwise Asset Management recently launched a new Exchange-Traded Fund (ETF) that is designed to help hedge against currency debasement. The launch highlights the increasing integration of digital assets into macro investments strategies, following on from the success achieved by spot Bitcoin exchange traded funds.
Bitwise Thursday is on Thursday. unveiled Bitwise Proficio Currency Debasement, traded on the NYSE as BPRO. The fund actively manages a portfolio of Bitcoin to counteract the decreasing purchasing power in fiat currencies.BTCPrecious metals, mining stocks and shares.
The opposite spot Bitcoin ETFsBPRO offers a flexible allocation of crypto- and commodity-linked investments. It appears that the structure was designed for wealth managers who want Bitcoin exposure, but don’t want to commit to one crypto asset.
Fund expenses are 0.96%. The minimum gold allocation is 25%.
The fund’s focus is on the long-term, rather than focusing solely on its upside potential. capital preservationA framing which reflects the evolution of crypto narratives in institutional markets.
Bob Haber is the chief investment officer of Proficio Capital Partners. He said that, despite long-term performances, Proficio Capital Partners has been a great success. “gold remains a ghost in the modern portfolio,” Citing research by Goldman Sachs, which shows that ETFs for gold only account for a small fraction of 1 percent of all private holdings.
Related: Bitwise files with US SEC for 11 single‑token ‘strategy’ crypto ETFs
Crypto’s investment and imagination is captured by debasement
The devaluation of fiat currencies, or the erosion in purchasing power, over time has been an issue that Bitcoin users have long pondered.
Bitcoin’s fixed supply, and its strong performance from the beginning have made it a popular long-term hedge. But despite these attributes, Bitcoin has recently underperformed goldIt raises concerns about the effectiveness of this hedge in the current macroeconomic environment.
Karel Mercx, an investment expert at the Dutch company Beleggers Belangen, argued in a recent report that Bitcoin has failed to deliver It is a good hedge against currency debasement.
According to Mercx’s analysis, Bitcoin showed a significant underperformance even when US President Donald Trump publicly questioned the Federal Reserve.
Politic pressures on central banks can cause concerns over monetary credibility, and inflation risks in the longer term. These conditions have historically been favorable to assets seen as store of value. Bitcoin, however, did not respond to these signals. This weakened its position as a short-term hedge.
Related: Bitcoin mining’s 2026 reckoning: AI pivots, margin pressure and a fight to survive
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Source: cointelegraph.com
